Gloucestershire SMEs eligible for new grants
Mar 10, 2021
Grants of between £10,000 and £40,000 are being made available via a new business support programme called Scale Up 4 Growth (S4G). The programme has been launched by a partnership between UWE Bristol, Gloucestershire College and NatWest.
The funding is being made available to enable ambitious small and medium-sized county businesses to fully develop their potential. It is intended to give them the opportunity to scale up, overcome barriers to growth and create new jobs in the local area.
S4G is receiving its £1.4 million funding pot from the European Regional Development Fund. It is hoped that the money will encourage SMEs in the Gloucestershire LEP region to grow and innovate, and come back stronger after the challenges presented by the coronavirus pandemic.
The S4G scheme has already been running for some time in the West of England, where it has helped over 80 companies realise their potential by distributing £850,000 of grants and creating 150 jobs. Costs which are eligible to receive funding include external consultancy, third party expertise, training, materials, machinery and equipment. It is hoped that this stimulus to the regional economy can now be brought to Gloucestershire too.
Applications are welcomed from SMEs based in Tewkesbury, Cheltenham, Gloucester, the Forest of Dean, Stroud and Cotswolds. You can arrange for a free 1:1 support session with a business development expert at UWE Bristol, who will discuss your project with you and help you with submitting your grant application.
The grant application deadline is midday on Wednesday 5 May 2021, and if successful your project must be completed by December 2022. Visit scaleup4growth.co.uk for more information and to register your interest or contact us if you wish to chat through your options.